Business news

India Slashes Corporate Tax Rate by 5% as Jaitley Envisions Imminent Double-digit Growth

Finance Minister Arun Jaitley announced that the country's corporate tax rate will be cut to 25% from 30% over four years.

Feb 28, 2015

Jaitley Allocates ₹2.46 Lakh Crore for Defence Sector

The government will spend 2.46 trillion rupees ($40 billion) in the defence sector in 2015/16.

Feb 28, 2015

Finance Minister Arun Jaitley and Minister of State for Finance, Jayant Sinha along with the team at North Block before going to Parliament to present the Union Budget in New Delhi on Feb. 28, 2015.

Union Budget 2015 Receives Mixed Reactions

While the members of the parliament lauded some of the proposals, others were met with criticism.

Feb 28, 2015

Union Budget 2015: Boost to Infrastructure as Jaitley Announces ₹70,000 Cr Investment

The FM decided to go for growth and to slow down the rate of fiscal consolidation.

Feb 28, 2015

Research Institues to be Set up in Nagaland, Odisha

The finance minister also proposed to set up three national institutions of pharmaceutical education and research in Maharashtra, Rajasthan and Chhattisgarh.

Feb 28, 2015

Budget 2015 Highlights: Growth Paramount, Cut in Fiscal Deficit Delayed

Fiscal deficit seen at 3.9 percent of GDP in 2015/16.

Feb 28, 2015

Sensex Flat after Budget Presentation after Fluctuations during the Session

Fluctuating both ways while the budget was being presented in parliament, the Sensex traded flat just after the budget presentation got over

Feb 28, 2015

Union Budget 2015: Jaitley Seeks to Boost Investment, Ensure People Benefit

Jaitley said growth would accelerate to between 8 and 8.5 percent in the fiscal year starting in April

Feb 28, 2015

Nirbhaya Fund Doubled to ₹2,000 Crore

The Rs.1,000 crore Nirbhaya Fund was announced in 2013 by the previous Congress-led UPA government

Feb 28, 2015

A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai

Direct tax Collection: ₹14.49 lakh crore Estimated for Fiscal 2015-16

Budgetary estimates of expenditure for 2015-16 are pegged at Rs.17.77 lakh crore.

Feb 28, 2015

Ashoka Chakra Gold Coin Likely to Help Internal Gold Recycle

Arun Jaitley proposed to produce gold coins domestically with the Ashoka Charka emblem to help the government recycle gold internally.

Feb 28, 2015

Two 'game changing reforms' in the Pipeline: Arun Jaitley

A state-of-the art indirect tax system the GST (Goods and Services Tax) and the JAM to be implemented

Feb 28, 2015

Economy Better Placed, Credibility Re-established: Arun Jaitley

He also said a double-digit growth was now feasible.

Feb 28, 2015

Union Budget 2015: Will Achieve Fiscal Deficit Mid-Term Target of 3%, Says Jaitley

The FM has confirmed that he will stick to the 3% fiscal deficit, but would spread it out over the next three years.

Feb 28, 2015

BSE Jumps 225 Points Ahead of Union Budget 2015

Jaitley met President Pranab Mukherjee, who was himself a finance minister, and was also present at the customary meeting of the cabinet.

Feb 28, 2015

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Business news

India Slashes Corporate Tax Rate by 5% as Jaitley Envisions Imminent Double-digit Growth

Jaitley Allocates ₹2.46 Lakh Crore for Defence Sector

Union Budget 2015 Receives Mixed Reactions

Union Budget 2015: Boost to Infrastructure as Jaitley Announces ₹70,000 Cr Investment

Research Institues to be Set up in Nagaland, Odisha

Budget 2015 Highlights: Growth Paramount, Cut in Fiscal Deficit Delayed

Sensex Flat after Budget Presentation after Fluctuations during the Session

Union Budget 2015: Jaitley Seeks to Boost Investment, Ensure People Benefit

Nirbhaya Fund Doubled to ₹2,000 Crore

Direct tax Collection: ₹14.49 lakh crore Estimated for Fiscal 2015-16

Ashoka Chakra Gold Coin Likely to Help Internal Gold Recycle

Two 'game changing reforms' in the Pipeline: Arun Jaitley

Economy Better Placed, Credibility Re-established: Arun Jaitley

Union Budget 2015: Will Achieve Fiscal Deficit Mid-Term Target of 3%, Says Jaitley

BSE Jumps 225 Points Ahead of Union Budget 2015

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